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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?

To: James H. Irwin who wrote (1651)	11/17/1998 8:24:00 PM
From: Jim Duffett	Respond to of 4903

Onsale FAQ 1 of 2 Courtesy of Natural_Language on Yahoo boards. Onsale.com Frequently Asked Questions, Part 1 of 2 by: Natural_Language 6769 of 6775 QUESTION: Where is Onsales on-line auction technology used? ANSWER: An example of the on-line auction site, Onsale.com, (symbol = ONSL): onsale.com ... Onsale in Japan: onsale.co.jp Onsales technology is used by Yahoo: computers.yahoo.com The Onsale/VerticalNet business-business auction site can be seen at: onsale.com The business-business auction site will be announced any day. QUESTION: What does Onsale offer? ANSWER: Onsale offers computer products, sports & fitness products, home & office products, vacation & travel deals, and soon an Industrial Auction Super Site will offer businesses a place to sell their merchandise. QUESTION: Did Onsale sign a deal with Resort Condominiums International (RCI), a subsidiary of Cendant, to auction about 100,000 vacation time-shares per week? ANSWER: Yes, see the story: techweb.com QUESTION: Does Onsale have a person-person auction site? ANSWER: Yahoo offers a free person-person auction site which is powered by Onsales auction technology. Onsale receives a percentage of all the advertisements placed on the Yahoo Site. Notice Onsales prominent, permanent link in the upper right hand corner: auctions.yahoo.com QUESTION: Is Onsale going to offer an Industrial Auction Site (business-business auction site) where businesses can buy and sell merchandise? ANSWER: Yes, Onsale is expected to introduce the Industrial Site any day. The Industrial Site is created with the efforts of Verticalnet and Onsale. VerticalNet has 30 web sites that will hold links to Onsale's Industrial Auction Site: verticalnet.com More information on the Industrial Site: newsalert.com You may view the Industrial Site at: onsale.com QUESTION: What's the talk about Onsale and Softbank? ANSWER: See the link, ONSALE AND SOFTBANK ANNOUNCE JOINT VENTURE: onsale.com Onsale and Softbank created Onsale Japan: onsale.co.jp QUESTION: Is Online buying booming? ANSWER: Yes, See Online buying takes off, October 9, 1998: cnnfn.com Or; Study sees boming holiday sales online, 10/13/98 cnn.com QUESTION: Where can I find more information on Onsale? ANSWER: General News on Onsale: biz.yahoo.com or in Forbes Magazine; CEO Jerry Kaplan of Onsale on the front cover of Forbes magazine, July 27, 1998 ... Investor Relations at Onsale: onsale.com QUESTION: What's the talk about ZDTV and Onsale? ANSWER: Onsale and ZDTV announced a breakthrough advertising format that enables ONSALE's ads to feature live online auctions during ZDTV's Money Machine television show: biz.yahoo.com biz.yahoo.com QUESTION: Is there recent articles that mention Onsale? ANSWER: Yes, see the following articles: October 29, 1998 ... Online Auctions: Going, Going, Here to Stay: businessweek.com Onsale mentioned in 10-31-98 Barrons Magazine: Wall Street's Love Affair With eBay Could be a Fling, Not a Long-Term Romance. ... Onsale in Nov 98 Red Herring Magazine: redherring.com ... Yahoo/Onsale person-person auctions mentioned on the Bob Brinker radio program November 1, 1998

To: James H. Irwin who wrote (1651)	11/17/1998 8:26:00 PM
From: Jim Duffett	Respond to of 4903

Onsale FAQ 2 of 2 QUESTION: Are the number of bids at Onsale auctions increasing? ANSWER: Yes! See the data below ... Date \| # Bids \| # Bids-Period \| Days per period \| Average Daily Bids 01/13 \| 3000000 \| 1000000 \| 90 \| 11,111.11 03/16 \| 4000000 \| 1000000 \| 62 \| 16,129.03 05/08 \| 5000000 \| 1000000 \| 53 \| 18,867.92 07/09 \| 6000000 \| 1000000 \| 62 \| 16,129.03 09/02 \| 7000000 \| 1000000 \| 55 \| 18,181.82 10/19 \| 8000000 \| 1000000 \| 48 \| 20,833.33 QUESTION: How are the bids tallied? ANSWER: As reported by the Onsale 1998 first quarter report onsale.com 'Bids' included initial bids and any bid increases. Previous to the first quarter, Onsale reported initial bids only. QUESTION: Are the number of open auctions on Yahoo increasing? ANSWER: Yes! See the data below ... username 'WhyCantI' has been recording the number of open auctions on Yahoo! Number of open auctions on Yahoo! auctions: 09/21 11894 \| 10/10 27766 \| 10/29 43605 09/22 12748 \| 10/11 28190 \| 10/30 46725 09/23 13602 \| 10/12 27490 \| 10/31 48813 09/24 15407 \| 10/13 28058 \| 11/01 49359 09/25 17148 \| 10/14 28969 \| 11/02 49332 09/26 18077 \| 10/15 29970 \| 11/03 50673 09/27 19173 \| 10/16 31029 \| 11/04 51510 09/28 19824 \| 10/17 31654 \| 11/05 53953 09/29 21055 \| 10/18 31812 \| 11/06 53484 09/30 22092 \| 10/19 31443 \| 11/07 54847 10/01 23387 \| 10/20 31118 \| 11/08 56173 10/02 24769 \| 10/21 31696 \| 11/09 55787 10/03 24740 \| 10/22 32917 \| 11/10 55284 10/04 24011 \| 10/23 34002 \| 11/11 56499 10/05 24259 \| 10/24 36159 \| 11/12 59183 10/06 24671 \| 10/25 37329 \| 11/13 61719 10/07 25431 \| 10/26 38771 \| 11/14 63864 10/08 26290 \| 10/27 40107 \| 11/15 65841 10/09 27242 \| 10/28 41603 \| 11/16 68031 QUESTION: How does Onsale profit from the Yahoo/Onsale person-person auction site? ANSWER: Onsale receives a percentage of the profits from banner advertisements placed on the Yahoo auction site. Bidders on the Yahoo auction site receive an email confirmation from Onsale. On every Yahoo auction page there is a link to the Onsale web site which increases traffic to Onsales auctions. Viewers of the Yahoo auction site will find merchandise available for bidding which is provided by Onsale. computers.yahoo.com QUESTION: Why has Raymond James recently rated Onsale ACCUMULATE while Everen Securities reiterates their STRONG BUY for Onsale? ANSWER: The best explanation for Everen Securities reiteration for a STRONG BUY is given with the positive information provided in this FAQ. Raymond James cited one reason for their downgrade. From the Raymond James research report, "Onsale recently started selling selected merchandise on its site at a fixed price in a format termed 'Quick-Buy'. This is contrary to the previous mantra of the merits associated with the auction format. It suggests that some customers are simply not interested in the auction process." ... This is the ONLY reason for the downgrade. What Raymond James failed to tell its investors is that the Quick Buy format introduced in the last 15 days of the third quarter resulted in 10% of the sales for the entire third quarter. Onsale recognized success and increased the number of Quick-Buys during the fourth quarter. The Raymond James report does not say anything about the VerticalNet/Onsale Industrial Site, Onsale Japan, the Yahoo/Onsale person-person auction site, Onsale /Cendent selling travel packages, etc., etc... The Raymond James report concludes with "The trends we detect are not conclusive and do not warrant a decision to sell the stock. In point of fact, even if ONSALE conducts a significant portion of its sales through the 'Quick-Buy' format, it is entirely possible that the format will prove to be even more profitable and amenable to customer preferences."